Alpha Teknova, Inc. (NASDAQ:TKNO) Q3 2024 Earnings Conference Call November 7, 2024 5:30 PM ET

Company Participants

Jennifer Henry – Senior Vice President-Marketing
Stephen Gunstream – President and Chief Executive Officer
Matt Lowell – Chief Financial Officer

Conference Call Participants

Chad Wiatrowski – TD Cowen
Lucas Baranowski – KeyBanc Capital Markets
Vidyun Bais – BTIG
Jacob Johnson – Stephens
Matt Larew – William Blair

Operator

Hello, and welcome to Alpha Teknova Third Quarter 2024 Financial Results. At this time all participants are in a listen-only mode. [Operator Instructions]

I would now like to hand the conference over to Jennifer Henry, Teknova’s Senior Vice President of Marketing. You may begin.

Jennifer Henry

Thank you, operator. Welcome to Teknova’s third quarter 2024 earnings conference call. With me on today’s call are Stephen Gunstream, Teknova’s President and Chief Executive Officer; and Matt Lowell, Teknova’s Chief Financial Officer, who will make prepared remarks and then take your questions.

As a reminder, the forward-looking statements that we make during this call, including those regarding business goals and expectations for the financial performance of the company, are subject to risks and uncertainties that may cause actual events or results to differ. Additional information concerning these risk factors is included in the press release the company issued earlier today, and they are more fully described in the company’s various filings with the SEC. Today’s comments reflect the company’s current views, which could change as a result of new information, future events or other factors, and the company does not obligate or commit itself to update its forward-looking statements, except as required by law.

The company’s management believes that in addition to GAAP results, non-GAAP financial measures can provide meaningful information about the company’s financial performance and the effectiveness of its business strategy. We will, therefore, use non-GAAP financial measures of certain of our results during this call. Reconciliations of GAAP to non-GAAP financial measures are included in the press release that we issued this afternoon, which is posted on both Teknova’s and the SEC’s website. Non-GAAP financial measures should always be considered only as a supplement to and not as a substitute for or as superior to financial measures prepared in accordance with GAAP. The non-GAAP financial measures in this presentation may differ from similarly named non-GAAP financial measures used by other companies. Please also be advised that the company has posted a supplemental slide deck to accompany today’s prepared remarks. It can be accessed on the Investor Relations section of Teknova’s website and on today’s webcast.